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Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
NASDAQ Composite (NASDAQ:COMP)
Long-Term Downtrend (-90) - COMP is in a strong downtrend that is likely to continue. While COMP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid COMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for COMP
The long-term trend has been DOWN since Jan 20th, 2022 at 14181.69
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 14860.04
The short-term trend has been DOWN since Jan 14th, 2022 at 14782.24
Smart Scan Analysis for COMP
Based on our trend formula, COMP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13436.71 | 13577.55 | 13236.56 | 13576.64 | +223.86 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13352.78 | 0 | 2022-01-28 11:26:31 |
| 52wk High | 8133.3 | 52wk High Date | 2018-08-30 |
| 52wk Low | 6630.67 | 52wk Low Date | 2018-02-09 |